Usca Asset Management LLC (Houston)

Usca Asset Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Usca Asset Management: assets under management

The assets under management (AUM) of Usca Asset Management LLC is $86.7 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $86.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.9 million each.

Usca Asset Management has custody of $14.2 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Usca Asset Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Usca Asset Management serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Usca Asset Management is investment companies with 2 clients and $72.5 million of assets under management. Among the 6 most similar advisory firms, Usca Asset Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $86.7 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Usca Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Usca Asset Management LLC

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Based in Houston

The principal office where Usca Asset Management LLC performs its advisory services is located at 4444 Westheimer, Houston, TX 77027, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-366-0500 or by fax 713-580-1820. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at uscallc.com.

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